Target: 1260.00
Risk: 1238.50
Technical reasons:
Gold price surpassed 1238.50 level, and the price attempts to surpass the rising wedge’s resistance, and it is expected to head towards 1260.00 in the coming period.
Consolidating above 1238.50 will keep the expected rise, and breaking it will push the price to the bearish trend again.
Risk: 1238.50
Technical reasons:
Gold price surpassed 1238.50 level, and the price attempts to surpass the rising wedge’s resistance, and it is expected to head towards 1260.00 in the coming period.
Consolidating above 1238.50 will keep the expected rise, and breaking it will push the price to the bearish trend again.